Acleda Bank net profit, assets grow in 1H16

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VietStock FI English 1 month(s) ago

Acleda Bank, Cambodia’s largest financial institution, experienced sturdy year-on-year growth during the first half of the year, according to figures from its latest audited financial statement.

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Chinese tourists lead the pack in early 2016

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VietStock FI English 2 month(s) ago

Over a quarter of a million Chinese tourists visited Cambodia during the first six months of year, leading all other foreign nationalities by numbers, new data released by Cambodia Airports, the Kingdom’s international airport operator, show.

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Parkson Mall gathers pace after eight years

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VietStock FI English 3 month(s) ago

About 500 metres from the entrance point to Boeung Kak, along Russian Boulevard, a freshly developed 11-storey centre, Parkson Mall, can be seen towering over the surrounding shop houses.

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Green building certification system could mark new era of construction

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VietStock FI English 3 month(s) ago

When it comes to construction companies and the dizzying number of buildings under construction, there is no disputing how large the industry is in the capital.

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Tycoon looks to expand and deepen private Sihanoukville seaport

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VietStock FI English 3 month(s) ago

Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville.

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Aiming to deliver consistency

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VietStock FI English 3 month(s) ago

DHL Express is part of the world’s largest logistics provider and operates in some of the world’s most challenging markets. Having established a local branch in Cambodia in 1993, few companies have been in a better position to witness the significant strides that the Kingdom has made to develop its infrastructure. The Post’s Kali Kotoski spoke to Prayag Chitrakar, country manager of DHL Express Cambodia, about the company’s growth, challenges and position in the Cambodian market.

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New cement factory sets itself apart from the rest

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VietStock FI English 3 month(s) ago

New cement factory sets itself apart from the rest

A Chinese-Khmer company has announced plans to build a $230 million cement factory, which when it comes online in 2017 will become only the country’s fourth cement plant, and the first in its underserved northwest.

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Giant coal plant taking shape in Sihanoukville

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VietStock FI English 3 month(s) ago

Giant coal plant taking shape in Sihanoukville

Nearly half of a massive 700-megawatt coal-fired power plant that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry of Mines and Energy.

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Railway operations resume after collision

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VietStock FI English 3 month(s) ago

No significant commercial delays or losses resulted from the collision between a train and a cement truck in Kampot province on Sunday as engineers were able to remove the disabled truck from the tracks and resume operations on the rail line within hours of the accident, John Guiry, CEO of Royal Railways said yesterday, dismissing reports that the province did not have a crane powerful enough to remove the cement-laden truck from the tracks.

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Advertisers spend less on print

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VietStock FI English 3 month(s) ago

Advertising budgets are getting bigger, but an increasingly smaller share of the revenue is going to traditional print media, with 2016 shaping up to be an exceptionally lean year, new market research shows.

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ICT Federation overhauled

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VietStock FI English 4 month(s) ago

ICT Federation overhauled

Trying to stay in sync with Cambodia’s rapid information and communication technology (ICT) growth, the Kingdom’s ICT Federation has been overhauled and is now fully chaired by industry insiders.

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CAMFEBA launches an ASEAN guidebook

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VietStock FI English 4 month(s) ago

The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration.

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Fuel prices steadily increase

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VietStock FI English 4 month(s) ago

Fuel prices steadily increase

Nearly four months after the Ministry of Commerce implemented a fuel-pricing mechanism that lowered prices at the pump to reflect the fall in the global commodity last March, petrol prices have inched back up to pre-intervention levels.

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Cambodia, Vietnam to build market on border

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VietStock FI English 2 month(s) ago 1 related news

The Vietnamese government yesterday agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said.

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Real estate market values distorted by inflated prices

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VietStock FI English 2 month(s) ago 1 related news

“My monthly salary is $200. I save $50 per month to buy a $70,000 flat. I’ll have to save for 117 years. Yes, I can have a flat in 117 years.”

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